Tag Archives: Category:Risers and Fallers

London’s FTSE 250 was down 1% at 19,501.42 in afternoon trade on Thursday. Investec lost ground even though the financial services company reinstated its dividend and forecast an improved second half after better-than-expected interim results. Cineworld shares slumped following a report the cinema chain is considering a company voluntary arrangement …

Oil and gas exploration company Energean was the top gainer on the index after securing two new gas sale agreements for its flagship Karish project off Israel. Berenberg said: “This is a clear positive for Energean, which delivers on expectations firmly set at the interim results last week. It is …

Shares of security services firm G4S surged after privately-owned Canadian rival GardaWorld announced a hostile 190p per share possible offer valuing the company at £2.96bn. The offer price is 30% premium to Friday’s closing share price and an 86% premium to the price prior to its first approach in June. …

FirstGroup was in the red, having surged on Monday following a Sunday Telegraph report that its US operations have attracted interest from several major private equity firms. Housebuilder Vistry was weaker after it posted an 86% slump in first-half adjusted pre-tax profit as it was “significantly” by the Covid-19 lockdown …

London’s FTSE 250 was up 0.1% at 17,508.76 in afternoon trade on Friday. HGCapital Trust was a high riser after saying it will invest around £17.1m in Norwegian enterprise software group Visma. On the downside, oilfield services company Petrofac was in the red after a downgrade to ‘market perform’ from …

Valve manufacturer Rotork was on the back foot as its stock went ex-dividend. Frasers Group, formerly Sports Direct, gained after saying it plans to spend £100m on its digital elevation strategy and forecasting a 10-30% improvement in underlying core earnings next year as 2020 profits fell by a fifth due …

William Hill surged after Jefferies upped its price target on the buy-rated stock. “William Hill boasts the leading US sports betting market share, yet we see zero value priced in. US competitive positioning continues to strengthen with: 1) An enlarged retail footprint due to the Caesar’s deal; and, 2) Launch …

Engineering company Renishaw was the worst performer as it posted a drop in full-year profit as revenue fell amid “very challenging economic conditions”. National Express was also on the back foot after saying it swung to a half-year loss as the coronavirus lockdown led to an 80% slump in passenger …

London’s FTSE 250 was up 0.5% at 18,077.60 in afternoon trade on Wednesday. Online electrical goods retailer AO World surged to the top of the index, with traders pointing to positive read-across from Asos, which said annual sales and profit were set to be “significantly ahead” of market expectations. Although …

London’s FTSE 250 was up 1.4% at 17,964.71 in afternoon trade on Tuesday. Cineworld surged, with traders pointing to speculation the company may be taken private by its founder. The shares had already rallied on Monday on takeover speculation after a US judge granted the government’s request to end the …